In This Issue… Two Oklahoma bankers candidates for FHLB seats – please vote! Check out photos from OBA Annual Washington Visit ICYMI: Labor Department releases final overtime rules Limited spots available for upcoming OBA Consumer Lending School OBA education corner …
September 2019
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September 22, 2019
Executive News: Your bank’s future depends on FinTech?
I recently read an article in the American Banker about traditional community banks and their need for FinTech firms. The headline, “Traditional Banks Continue to Flirt with Obsolescence,” got my attention and, after reading what I thought was a sales pitch, I began to think about what he said or was trying to say. Robertson is the founder and CEO …
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September 22, 2019
Second quarter industry numbers released by FDIC
Although all FDIC-insured institutions reported net income of $62.6 billion at the end of the second quarter, Oklahoma banks were off by almost 4 percent when compared to the industry’s 2018 earnings at this same point. “The drop in income conforms to the earlier trends we’ve seen,” OBA President and CEO Roger Beverage said. “What’s interesting is that assets rose …
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September 19, 2019
CFPB to Make ABA-Advocated Changes to Complaint Database
The Consumer Financial Protection Bureau will continue to publish a database of consumer complaints, but it will make several key changes to increase transparency and provide full context for consumers, the agency announced on Sept. 18. Among these changes are several advocated by the American Bankers Association. For example, the bureau said it will highlight consumers’ ability to contact their …
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September 19, 2019
OBA Bankers’ Night Out programs start next week!
Need a night out with good food and company? The OBA will be able to sate those needs with its fall version of the ever-popular Bankers’ Night Out programs, which start next week! Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that …
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September 17, 2019
September 2019 OBA Legal Briefs
HEMP, CBD Do cashier’s checks expire? Mandatory vacation for bank employees Inform your borrower (Post-confirmation rate reduction) Two regulation amendments, two errors Hemp, CDB by Pauli Loeffler Hemp In April 2018, Oklahoma enacted legislation to permit cultivation of hemp under the federal Farm Bill of 2014 for research of hemp under pilot programs. In December 2018, the federal Agriculture Improvement …
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September 17, 2019
Week of Sept. 16
In This Issue… FDIC releases results of Summary of Deposits annual survey OBA Bankers’ Night Out programs start this month! Deadline extended one week to order 2020 Oklahoma Views & Vistas Calendar OBA education corner …
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September 16, 2019
Citizen Potawatomi Community Development Corp.
Citizen Potawatomi Community Development Corporation Provides opportunities for individuals and entrepreneurs in Native communities and Indian Country. We strive to finance, promote, educate, and inspire through financial education, access to capital, business development services, innovative capacity building practices, and Community Development Initiatives. Some of our programs include Financial Education and Credit Counseling, Asset Builders Matched Savings Program, and our Commercial …
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September 12, 2019
Joining OBA’s Annual Washington Visit? Make sure to download our app!
The 2019 OBA Annual Washington Visit is next week, and if you’re planning on joining in, make sure to download the OBA app before you go. All of the 2019 Annual OBA Washington Visit material are available on the OBA app (issue papers, , schedule, etc.) You can download the OBA app by clicking here (for iTunes) or here (for Google Play).
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September 10, 2019
Week of Sept. 9
In This Issue… George: Non-banks not allowed to access payments system Deposit Insurance Fund reaches record high Deadline approaching to order 2020 Oklahoma Views & Vistas Calendar Please whitelist info@oba.com email address OBA education corner …